Cubic Co. (NYSE:CUB) Director Edwin A. Guiles bought 1,000 shares of the company’s stock in a transaction on Friday, May 17th. The shares were acquired at an average price of $62.28 per share, with a total value of $62,280.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

NYSE:CUB opened at $61.88 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.35 and a debt-to-equity ratio of 0.23. Cubic Co. has a twelve month low of $50.61 and a twelve month high of $77.35. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 96.69 and a beta of 1.20.

Cubic (NYSE:CUB) last issued its quarterly earnings results on Thursday, May 2nd. The scientific and technical instruments company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.44. The business had revenue of $337.30 million during the quarter, compared to the consensus estimate of $326.88 million. Cubic had a net margin of 0.62% and a return on equity of 3.44%. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.12) earnings per share. On average, research analysts forecast that Cubic Co. will post 3.34 EPS for the current year.

Several equities analysts have weighed in on CUB shares. ValuEngine upgraded shares of Cubic from a “hold” rating to a “buy” rating in a report on Saturday, May 4th. Drexel Hamilton restated a “buy” rating and set a $85.00 target price on shares of Cubic in a report on Thursday, February 7th. Citigroup started coverage on shares of Cubic in a report on Friday, February 15th. They set a “buy” rating and a $75.00 target price for the company. Canaccord Genuity dropped their target price on shares of Cubic from $74.00 to $70.00 and set a “buy” rating for the company in a report on Friday, April 5th. Finally, Zacks Investment Research upgraded shares of Cubic from a “sell” rating to a “hold” rating in a report on Tuesday, April 9th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $73.72.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Metropolitan Life Insurance Co NY grew its holdings in shares of Cubic by 18.8% during the first quarter. Metropolitan Life Insurance Co NY now owns 9,878 shares of the scientific and technical instruments company’s stock worth $555,000 after buying an additional 1,562 shares in the last quarter. BRYN MAWR TRUST Co grew its holdings in shares of Cubic by 1.4% during the first quarter. BRYN MAWR TRUST Co now owns 113,195 shares of the scientific and technical instruments company’s stock worth $6,366,000 after buying an additional 1,543 shares in the last quarter. Daruma Capital Management LLC grew its holdings in shares of Cubic by 12.0% during the first quarter. Daruma Capital Management LLC now owns 540,859 shares of the scientific and technical instruments company’s stock worth $30,418,000 after buying an additional 58,114 shares in the last quarter. MetLife Investment Advisors LLC grew its holdings in shares of Cubic by 25.8% during the first quarter. MetLife Investment Advisors LLC now owns 13,660 shares of the scientific and technical instruments company’s stock worth $768,000 after buying an additional 2,803 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Cubic by 6.0% during the first quarter. Goldman Sachs Group Inc. now owns 91,447 shares of the scientific and technical instruments company’s stock worth $5,142,000 after buying an additional 5,197 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

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About Cubic

Cubic Corporation provides various integrated solutions worldwide. Its solutions enhance the situational understanding for transportation, defense, and training customers, as well as for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers. The company operates through three segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD), and Cubic Mission Solutions (CMS).

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